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MI12yes uploaded a new video
(4 months ago)
We've heard a lot of rhetoric the first 10 minutes or whatever on the Majority side. But rhetoric cannot mask -- cannot obscure -- reality. The rea...
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We've heard a lot of rhetoric the first 10 minutes or whatever on the Majority side. But rhetoric cannot mask -- cannot obscure -- reality. The reality is this is an anti-jobs bill. In 2007 we put forth the Advanced Technology Vehicle Manufacturing loan program. It has worked. Tens of thousands of jobs have been created as a result of that program. In Michigan, Illinois, Ohio, Indiana, Louisiana and Florida.
"And so now the Majority says they are going to pay for this bill. How? By ending a program that has created jobs. That's the reality. It cuts it off. Even though there are applications pending that will create thousands of more jobs in the manufacturing base of this country -- in Indiana, Missouri, Ohio, California, Michigan and other states. It's inexcusable. It's inexcusable. ...
"There are millions -- millions and millions of dollars that are already in the pipeline to be spent and applications for the balance of that money. That's a fact. ... This is an anti-jobs bill when we needs jobs in the United States of America.
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MI12yes uploaded a new video
(4 months ago)
Madam speaker, we should not even be considering this resolution. I repeat, we should not even be considering this resolution. We should be moving ...
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Madam speaker, we should not even be considering this resolution. I repeat, we should not even be considering this resolution. We should be moving forward, not backwards. This resolution is a dangerous distraction from the unprecedented challenge before us. Fourteen million Americans are looking for work. Fourteen million. The Census Bureau reported just yesterday that the poverty rate is higher than it's been in 17 years -- 17 years. And median income in this country is at 1996 levels -- 1996 levels. The president has proposed a job bill that one knowledgeable observer, Mark Zandi, estimates would create 1.9 million new jobs and add two percentage points to GDP growth next year.
We need action to spur economic growth and job creation. That's what we should be considering today. Instead, through this resolution, Republicans want to prolong the agony of the debt limit debate and take us back to the brink of default, which would be where we would be if you succeeded. This bill can pass the House only if members who voted yes in August on this issue decide in essence to vote no in September. Yes, in august -- Yes in August -- no in September.
This nation wants us to be guided by the needs of the nation, not the internal politics of a caucus or a conference. We've seen the consequences of that kind of thing. Downgrading our credit rating, [S&P said about the summer brinksmanship of Republicans], I quote, "it involved a level of brinkmanship greater than what we had expected earlier in the year," end of quote. In August, consumer confidence dropped by the largest amount since the peak of the financial crisis in 2008. And the conference board noted a direct link between that fall and the debate over default. And I think we need only to check 401k statements from August to remember the precipitous drop in the stock market.
Were this resolution to become law -- and all those who speak or vote for it have to understand that -- the U.S. would default on its obligations for the first time in our history. This would throw our economy back into deep recession, trigger $400 billion in immediate job-destroying cuts and call into question our ability to pay earned Social Security and Medicare benefits.
Madam speaker, we should not be considering this resolution today. We should be moving forward on the president's plan to jumpstart our economy and create jobs for American workers. The American jobs act would put more money in workers' pockets through a temporary tax cut, saving the average family $1,500 a year. It would also keep over six million workers from losing their unemployment benefits while they continue searching for work and provide this proposal new employer incentives to help get them hired.
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MI12yes uploaded a new video
(6 months ago)
"The gentleman from California has been talking about moving the process forward. It does not move the process forward to pass a bill that's d...
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"The gentleman from California has been talking about moving the process forward. It does not move the process forward to pass a bill that's dead before arrival in the Senate. It doesn't move the process forward to pass a bill that is even more partisan than the one yesterday.
"You know, the country has to be wondering, we're one day closer to default and indeed one step backwards. The Republicans are trying to squeeze out a majority here, and what they're doing is inserting a provision that requires a two-thirds vote in the Senate and the House. That's completely a nonstarter.
The American public is looking for a solution, not a stalemate, and the House Republicans have become the party of gridlock. Passing this only increases it. It is a move backwards. Maybe to protect your flank -- but not to protect America."
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MI12yes uploaded a new video
(6 months ago)
"This bill is not bipartisan. The vote will soon show that. This bill is not a compromise. It does not seek bipartisan common ground. Instead ...
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"This bill is not bipartisan. The vote will soon show that. This bill is not a compromise. It does not seek bipartisan common ground. Instead it is orchestrated only to find enough common ground among House Republican partisans.
"This bill does not reflect compromise. It would compromise indeed Medicare and Social Security. It forces massive cuts consistent with the ideological Republican budget that was unanimously opposed by Democrats.
"This bill does not promote certainty for our nation's economy. Instead it brings more uncertainty for families facing major financial decisions; for businesses deciding whether to invest or hire; for markets unsure when the next shoe might drop.
"This bill is not balanced. Instead, it embraces the Republicans' one dimensional mantra just again expressed by the chairman of our committee -- no end to unjustified tax loopholes or tax breaks for the very wealthiest -- even as so many middle class families have been losing ground.
"In a few words, our nation's economy and jobs are too much to risk on a bill that is a bridge to nowhere between our two houses."
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